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Senior Vice President (SVP), Operations Salary

Salaries for Senior Vice Presidents of Operations in the United States are generous, with average pay above six figures ($149K) per year. In the world of Senior Vice Presidents of Operations, overall cash earnings stretch from $91K near the bottom to $283K near the top; these packages encompass bonuses that run close to $77K and profit sharing that can (albeit rarely) exceed $44K, along with commissions approaching $99K. Compensation for this group is mainly affected by geographic location, but tenure and the specific company are influential factors as well. Generally, women make up less than a third of all Senior Vice Presidents of Operations who answered the questionnnaire. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Job satisfaction is reported as high by the vast majority of workers. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$86,204 - $227,714
(Median)
$86K
$150K
$230K
MEDIAN: $149,223
10%
50%
90%

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$19.13 - $63.99
(Median)
$19
$30
$64
MEDIAN: $30
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$86,204 - $227,714  
   
Bonus
$2,458 - $76,921  
Profit Sharing
$2,030 - $44,042  
Commission
$0.00 - $99,329  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$91,108 - $282,901  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 1,539
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$19.13 - $63.99  
   
Overtime
$14.00 - $46.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,458 - $76,921  
   
Commission
$0.00 - $99,329  
Profit Sharing
$2,030 - $44,042  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$91,108 - $282,901  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 13
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Job Description for Senior Vice President (SVP), Operations

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.

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Senior Vice President (SVP), Operations Tasks

  • Partner with other senior management to discuss strategies, objectives, and obstacles.
  • Monitor and strategize to reach annual targets and new markets.
  • Oversee and manage regional and cross-functional divisions of an organization.
  • Oversee accounting and financial analysis, and monitor for profitability and losses.

Common Career Paths for Senior Vice President (SVP), Operations


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Senior Vice Presidents of Operations sometimes move into a Chief Executive Officer role, where the salary is similar. Many Senior Vice Presidents of Operations choose to become Chief Operating Officers and Presidents as their careers advance. However, folks in those positions report median salaries of $36K less and $21K less, respectively.

Senior Vice President (SVP), Operations Job Listings

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Popular Employer Salaries for Senior Vice President (SVP), Operations


Although Bank of America Corp. (BOFA) heads up the field in terms of compensation, offering the highest median salary at $167K, pay at this particular employer still varies considerably, running the full spectrum from $97K to $225K.

Citibank offers the smallest salaries in town — $150K on average — but the considerable range in workers' salaries (stretching from $87K to $233K) creates a rather varied pay scale.

Popular Skills for Senior Vice President (SVP), Operations


Senior Vice Presidents of Operations report using a wide range of professional skills. Most notably, skills in People Management, Team Leadership, Strategic Planning, and Leadership are correlated to pay that is above average. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. Sales Management and Risk Management / Risk Control also typically command lower compensation. Most people skilled in Operations Management are similarly competent in Leadership and Project Management.

Pay by Experience Level for Senior Vice President (SVP), Operations

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Senior Vice Presidents of Operations, experience and pay levels seem to be correlated; more years in the business generally lead to more money. New workers enjoy hefty six-figure paychecks when they take on this position — $106K per year is the median for people who claim less than five years' experience. Senior Vice Presidents of Operations who work for 10 to 20 years in their occupation tend to earn about $174K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $189K.

Pay Difference by Location


Home to some of the best pay for Senior Vice Presidents of Operations, Boston offers exceptional salaries, 51 percent above the national average. Senior Vice Presidents of Operations will also find cushy salaries in Philadelphia (+29 percent), Minneapolis (+26 percent), San Diego (+25 percent), and Dallas (+25 percent). With compensation 9 percent below the national average, Columbus is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

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Experience Affects Senior Vice President (SVP), Operations Salaries



National Average
$173,000



Skills That Affect Senior Vice President (SVP), Operations Salaries

People Management
up arrow 10%

Team Leadership
up arrow 3%

Strategic Planning
up arrow 2%

Leadership
up arrow 1%

Operations Management
0%

National Average
$173,000


Risk Management / Risk Control
up arrow 13%

Sales Management
up arrow 16%

Financial Analysis
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 310 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

1-4 years
2%
5-9 years
8%
10-19 years
36%
20 years or more
54%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 79%
vision benefits Vision: 64% employee benefits None: 7%
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